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New Honda CEO to focus on R&D

Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown. Honda presidents traditionally cut their teeth at the automaker's cherished development subsidiary, Honda R&D Co. Ltd.

Hyundai Veloster RE:FLEX hits Chicago Auto Show

We hope Simon LeBon's mysterious “treasure in the dark” wasn't a turbocharger. If the Duran Duran frontman deigns to pick up a Hyundai Veloster RE:FLEX, he won't be getting one. The RE:FLEX package, announced at the Chicago Auto Show adds chrome 18” wheels, extra brightwork on the door handles and hood, a passel of LEDs, a pair of light-up doorsills and the standard 138-hp, 1.6L engine.

Special Edition Bmw M5 Packing More Power Is Launched

BMW’S popular M5 performance saloon has reached an important milestone – it’s 30 years old. And to celebrate, the German car maker has unveiled a limited edition model boasting more power than any previous M5. Branded the M5 30 Jahre Edition, this limited run ’30 Years’ version packs 600 horsepower – 40 more than the standard car.